Beacon Energy (LSE:BCE) Cash-to-Debt : 1.31 (As of Jun. 2023)

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What is Beacon Energy Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Beacon Energy's cash to debt ratio for the quarter that ended in Jun. 2023 was 1.31.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Beacon Energy could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

(1) Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Beacon Energy's Cash-to-Debt or its related term are showing as below:

LSE:BCE' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: No Debt Max: No Debt
Current: 1.31

During the past 13 years, Beacon Energy's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was No Debt.

LSE:BCE's Cash-to-Debt is ranked better than
65% of 1023 companies
in the Oil & Gas industry
Industry Median: 0.48 vs LSE:BCE: 1.31

Beacon Energy Cash-to-Debt Historical Data

The historical data trend for Beacon Energy's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Beacon Energy Cash-to-Debt Chart

Beacon Energy Annual Data

Trend

Apr12

Apr13

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Cash-to-Debt

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0.01

No Debt

Beacon Energy Semi-Annual Data
	Oct13	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	1.31

Competitive Comparison of Beacon Energy's Cash-to-Debt

For the Oil & Gas E&P subindustry, Beacon Energy's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Beacon Energy's Cash-to-Debt Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Beacon Energy's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Beacon Energy's Cash-to-Debt falls into.

Beacon Energy Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Beacon Energy's Cash to Debt Ratio for the fiscal year that ended in Apr. 2021 is calculated as:

Beacon Energy had no debt ⁽¹⁾.

Beacon Energy's Cash to Debt Ratio for the quarter that ended in Jun. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	3.557	/	(0	+	2.719)
	=	1.31

Beacon Energy (LSE:BCE) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Beacon Energy Cash-to-Debt Related Terms

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